New-York tribune., 1887-04-15
SARAH G. HOWE AGAIN IN TROUBLE.

,tIyorD TO NE MISSING WITH FIFTY THOUSAND
poLLARs BELONGING TO NEW ENGLAND WOMEN.
.s-sfoN, april ii lsp4cid0. Mrs Sarah c. Howe.
known widely ss the Womams Bank swndIer, Is a
fugitive from iusce and is believed TO have carried
away about 800. 900 belonging TO the most gullibe
class ia tho New England States. In 1873 Mrs.
Howe established bank exclusively for ladies in
Garland-st and offered to pay per cent per month
ON all deposits, paying three months interest in
advance. According to her story some benevolent
Quakers established large fund in $40 for the
benefit OF poor and needy women. The benefits we're
TO be paid out 10 the form OF interest IN the manner
stated. Mrs. Howe claimed TO be under heavy bonds
10 carry out the trust The tact that she paid such
large interest aud paid three months OF II in advance,
induced large number OF women to intrust their
savings TO her. Some women even went so tar as t.
borrow money 10 invest in the Ladies Deposit Bank
Business was brisk that Mrs Howe wls finally
forced to remove to larger house in Brooklinest
Mrs. lila A. Gould her chet assistant in carrying
ON the business OF the bank About 1850 the bank
shown up in the newspapers and IN consequence
there upon IL At that time s60O,OUO was
on deposit IN the bank Mrs Howe maintained bold
front, aud Tor three months paid all depcsitors who
presented their accounts not only their principal but
interest WELL ih all between $l2o,OUO ana
Finally the bank went to smash leaving Si9 deposi-
tors who presented claims tor the large sum OF
$2S9, 400. Mrs. Howe and Mrs. Gould were arrested
aud tried. Mrs. Howe sentenced TO three years
in the House of Correction, pleading guilty TO Tour
counts OF obtaining money by false pretences In
December, 1854 getting out OF the HOUSE, OF
Correction, she re-estabishud the bank this time In
| West Concord-st. and circulated cards bearing her
name and the following regulation: Soven dollars
interest on 800 month, three 2onths III advance;
oihca hours from to 4, Mrs. Howe agent"
Mrs. Ilowe was born in Alexandria, Va, December
!, 1926. Her maiden namo was Sarah T.. Chase Her
! father died when she only an infant and her
mother removed TO her former homo at Providence
At the age twcnty-ono she married William Is.
Chase OF Nashville Tenn, and went there to i've.
When twenty oui years OF age, she was lett WIDOW,
with a babe elk months old Returning to Provi-
depce she was married TO her present husband, at
| Saco Me- on July o. 1852. In 1870 Mrs. Howe be-
came agent OF the Pacific Loan Oihce," ~ IL WAS
then called. aud received her instructions from Mrs.
jackson who has since died. Soon alter this occur
the OF the institution changed to the
| Ladies' Deposit This was done as people fre-
| quently came there for money, thinking II common
| pawnshop. At the time Mrs. Howe was sent to the
House OF Correction she feeble. deaf and nearly
| blind
Miss Sophie SandersoD of Augusta. Me-, deposlted
$70 with Mrs. Howe in December and was promised
| the principal and $21 in thee months In March
Miss Sanders0n 10 this city from Augusta, Me-,
and called upon Mrs Howe 10 get her money. she
was informed that Mrs. Howe was sick ana that sue
could not attend 10 her just then. but that II sue
would In April. she could get the SlOO with
| S2l more interest. Mos Sendcrson was incined 10
be suspicious, but she thought that she woulo whM
month and what Mrs. Howe would say or do. she
came to Boston yesterday A man mot her at the
door and In response to her request Tor her money
told her that Mrs. Howe had skipped with SoO,O
The woman made complaint to the police and to-day
| o warrant was issued Tor the sw.ndlcr's arrest.